Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · VIRTUAL GLOBAL EDU LTD · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
VIRTUAL GLOBAL EDU LTD
NSE: VIRTUALG · BSE: 534741
NSE: VIRTUALG · BSE: 534741
Consumer Discretionary › Consumer Services › Other Consumer Services › Education
VIRTUAL GLOBAL EDU LTD
StateQ4 FY26 filed
Last close · 27 Oct 2026₹0.44
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA44.0 · 0.33 · —
VIRTUAL GLOBAL EDU LTD is a Other Consumer Services company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 0 | 0 | 0 |
| EBITDA (ex other income) | (2) | (1) | (1) |
| margin % | — | — | — |
| Owners' profit | (2) | 0 | 0 |
| EPS, as reported (₹) | (0.04) | 0.00 | 0.00 |
| ROE % · ROCE % | (3.0) · (2.5) | (0.6) · (0.5) | (0.4) · (0.4) |
| Debt / equity (x) | 0.02 | 0.03 | 0.00 |
| Cash from operations | (1) | (5) | (11) |
| Capex | (0) | (0) | 0 |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · VIRTUAL GLOBAL EDU LTD · 28 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | 0 | (0) | (0) | 0 | (0) | 0 | (0) |
| Net profit | (0) | 0 | (0) | (0) | 0 | (0) | 0 | (0) |
| EPS (₹) | (0.01) | 0.01 | (0.01) | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NIIT LEARNING SYSTEMS LTD | 2,631 | 10.3 | 1.71 | 5.8 | 16.1 | 16.7 | — | 19.2 |
| SHANTI EDU INITIATIVES L | 2,608 | 450.0 | 33.63 | 260.6 | 7.7 | 9.7 | — | 9.2 |
| NIIT LIMITED | 1,037 | 115.0 | 0.97 | 23.9 | 0.6 | 1.1 | (16.3) | 17.6 |
| GLOBAL EDUCATION LIMITED | 725 | 27.8 | 5.52 | 18.8 | 20.2 | 25.9 | — | 42.3 |
| APTECH LIMITED | 468 | 19.1 | 1.88 | 9.8 | 9.5 | 13.4 | 41.4 | 9.7 |
| CAREER POINT EDUTECH LTD | 300 | 12.6 | 3.96 | 9.3 | 30.3 | 40.6 | — | 76.3 |
| Golden Crest Education & Servi | 170 | 718.2 | 15.43 | — | 1.6 | 2.2 | — | 27.0 |
| COMPUCOM SOFTWARE LTD | 102 | 35.0 | 0.72 | 10.8 | 2.0 | 2.5 | 14.6 | 54.4 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 44.0 | 23.5 | 11 of 14 | 23% |
| P/B | 0.3 | 1.9 | 2 of 15 | 93% |
| ROCE | (0.4) | 2.5 | 13 of 17 | 25% |
| ROE | (0.4) | 1.6 | 12 of 15 | 21% |
| Debt / Equity | 0.0 | 0.0 | 1 of 14 | 54% |
| Profit growth | (850.4) | 12.5 | 13 of 15 | 14% |
| Market cap | 25 | 85 | 14 of 18 | 24% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · VIRTUAL GLOBAL EDU LTD · 28 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Auditors qualify September 2026 results over fraud and missing records | results | high | — | — |
| 23 Oct 2026 · Postal ballot notice published in two Delhi newspapers | compliance | minimal | — | — |
| 23 Oct 2026 · Newspaper publication of September 2026 quarterly results | compliance | minimal | — | — |
| 22 Oct 2026 · Postal ballot for 42 crore warrants issue, director appointment | fund raising | high | — | — |
| 21 Oct 2026 · Board approves plan to sell Shikshan School subsidiary | strategic transactions | medium | — | — |
| 21 Oct 2026 · Board approves preferential issue of convertible warrants | fund raising | high | — | — |
| 21 Oct 2026 · Krishan Bansal appointed as CFO and Executive Director | management changes | high | — | — |
| 21 Oct 2026 · CFO Mr. Gaurav Garg resigns from Virtual Global Education | management changes | high | — | — |
| 21 Oct 2026 · Q2 FY26 results approved with major fraud red flags; new CFO, Rs 42 Cr warrant issue | results | high | — | — |
| 21 Oct 2026 · Q2 results, CFO change, warrant issue and subsidiary sale | management changes | high | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in